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The Global Farm Equipment Market is expected to grow by $33.65 bn during 2022-2026, accelerating at a CAGR of 4.96% during the forecast period


Global Farm Equipment Market 2022-2026 The analyst has been monitoring the farm equipment market and it is poised to grow by $33. 65 bn during 2022-2026, accelerating at a CAGR of 4.

New York, Oct. 03, 2022 (GLOBE NEWSWIRE) -- announces the release of the report "Global Farm Equipment Market 2022-2026" -
96% during the forecast period. Our report on the farm equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the expansion of arable land.
The farm equipment market analysis includes the product segment and geographic landscape.

The farm equipment market is segmented as below:
By Product
• Implement
• Combines
• Sprayer
• Bale

By Geographical Landscape
• North America
• Europe
• South America
• Middle East and Africa

This study identifies the rising deployment of equipment and technologies for precision farming as one of the prime reasons driving the farm equipment market growth during the next few years. Also, increasing availability of farm equipment through rentals and increasing demand for small tractors will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the farm equipment market covers the following areas:
• Farm equipment market sizing
• Farm equipment market forecast
• Farm equipment market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading farm equipment market vendors that include AGCO Corp., Argo Tractors Spa, Brohawk exports, Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere and Co., Duravant LLC, ISEKI and Co. Ltd., J C Bamford Excavators Ltd, Kubota Corp., LEMKEN GmbH and Co. KG, Mahindra and Mahindra Ltd., Maschio Gaspardo Spa, SDF SpA, Sitrex spa, Sonalika International Tractors Ltd., Vaderstad AB, VST Tillers Tractors Ltd., and Yanmar Holdings Co. Ltd. Also, the farm equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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